Baidu revenue and financials
$87.05Change from previous close: +0.07%Absolute change: +$0.06
In the fiscal year ended December 2025, Baidu reported revenue of ¥129.08B (+607.75% year over year). Net income was ¥5.59B, a net margin of 4.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +607.75%
- 2025 vs 2024
- Net income growth
- −76.48%
- 2025 vs 2024
- Net margin
- 4.3%
- 2024: 130.3%
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 469,932 | 449,566 | 449,157 | 444,072 | 450,569 | 453,982 | 427,780 | 417,316 | 415,527 | 414,697 | 406,759 | 411,034 |
| Current assets | 207,364 | 155,289 | 151,970 | 158,294 | 157,218 | 175,829 | 168,849 | 172,118 | 187,266 | 217,478 | 230,255 | 230,417 |
| Cash and equivalents | 24,524 | 29,948 | 24,606 | 38,620 | 29,940 | 49,202 | 24,832 | 28,682 | 43,534 | 30,418 | 25,231 | 34,908 |
| Short-term investments | 141,727 | 86,942 | 90,661 | 86,195 | 93,926 | 92,567 | 102,608 | 104,129 | 106,821 | 149,781 | 169,056 | 156,359 |
| Receivables | 17,511 | 14,948 | 16,781 | 12,522 | 12,326 | 11,821 | 14,280 | 11,227 | 12,508 | 12,108 | 16,620 | 15,674 |
| Inventory | 8,286 | — | 6,200 | — | — | — | 5,989 | — | — | — | 1,396 | — |
| Net property, plant and equipment | 47,058 | 35,398 | 34,891 | 33,822 | 43,138 | 41,894 | 41,000 | 40,389 | 40,073 | 38,849 | 38,811 | 36,993 |
| Goodwill | 36,783 | 36,783 | 36,783 | 37,637 | 37,637 | 37,637 | 22,586 | 22,586 | 22,586 | 22,586 | 22,586 | 22,586 |
| Other intangible assets | 11,065 | 10,507 | 9,854 | 9,548 | 9,936 | 9,075 | 7,702 | 7,611 | 7,726 | 7,793 | 7,848 | 8,004 |
| Long-term investments | 117,166 | 159,334 | 168,780 | 158,453 | 155,226 | 149,682 | 140,256 | 133,184 | 118,690 | 92,354 | 72,623 | 77,813 |
| Current liabilities | 89,116 | 83,849 | 86,328 | 83,012 | 85,125 | 76,864 | 80,953 | 78,429 | 80,765 | 77,931 | 76,451 | 81,601 |
| Accounts payable | 41,858 | 41,439 | 3,470 | 36,662 | 38,208 | 38,770 | 5,347 | 39,000 | 37,988 | 36,739 | 1,971 | 37,184 |
| Long-term debt | 73,483 | 61,273 | 61,102 | 62,113 | 55,551 | 75,049 | 51,943 | 49,585 | 51,127 | 58,667 | 57,357 | 58,682 |
| Total debt | 112,897 | 94,136 | 97,077 | 97,237 | 91,843 | — | — | — | — | — | — | — |
| Total liabilities | 174,835 | 157,218 | 159,431 | 156,473 | 152,657 | 163,908 | 144,168 | 138,125 | 142,589 | 146,934 | 144,151 | 150,324 |
| Total equity (incl. minority) | 295,097 | 292,348 | 289,726 | 287,599 | 297,912 | 290,074 | 283,612 | 279,191 | 272,938 | 267,763 | 262,608 | 260,710 |
| Retained earnings | 177,599 | — | 177,694 | — | — | — | 180,073 | — | — | — | 161,240 | — |
| Minority interest | 23,345 | 23,462 | 23,396 | 23,071 | 22,855 | 20,327 | 19,992 | 19,542 | 20,169 | 19,756 | 18,982 | 18,283 |